Fast Trade Copier

What is a Fast Trade Copier?

A Fast Trade Copier is a software tool designed to replicate trades from one account (the master) to one or multiple other accounts (the slaves) in real-time. This ensures that all trading actions, including opening and closing trades, modifying stop losses, and taking profits, are mirrored across all linked accounts.

Key Features of Fast Trade Copiers

• ⚡ Super fast copying speeds, often under 0.5 seconds.
• Ability to copy trades from MT4 to MT4, MT4 to MT5, MT5 to MT4, and MT5 to MT5.
• Full replication of trading actions, including stop losses, take profits, and pending orders.
• Supports both local and remote copying setups.
• Automatic lot size adjustment based on the equity of the master and slave accounts.
• Compatibility with various brokers, including those with different symbol prefixes and suffixes.

Technical Requirements

• Designed to work locally or on a VPS system for optimal performance.
• Recommended to use a VPS with low latency for scalping purposes.
• Supports multiple setups, including one master to multiple slaves and multiple masters to multiple slaves.
• Easy setup by attaching the "sender EA" to the master account and the "receiver EA" to the slave account.

Examples of Fast Trade Copiers

• Local Trade Copier EA MT4: This copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or VPS with lightning-fast speeds. It supports various lot size settings and is compatible with both MT4 and MT5 terminals.
• Copy Cat Trade Copier: This versatile copier supports copying trades from investor/read-only accounts to trading accounts. It offers unique features like forced stop loss and take profit settings, making it compatible with prop firm requirements.
• Trade Copier Pro: Ideal for signal providers, this tool allows copying trades remotely between multiple MT4/MT5 accounts over the internet. It supports both local and remote receivers and offers subscription expiry settings for each receiver.

How to Use a Fast Trade Copier

• Attach the "sender EA" to a chart on the master account.
• Attach the "receiver EA" to a chart on the slave account.
• Ensure autotrading is activated in both accounts.
• If the slave account has a suffix or prefix (e.g., EURUSD.p), add this in the inputs to ensure smooth copying.

Advantages of Using Fast Trade Copiers

• Ensures consistency across multiple trading accounts.
• Reduces the risk of human error in manual trade copying.
• Allows for efficient management of multiple accounts from a single master account.
• Provides flexibility in trading strategies by allowing different lot size settings and copying configurations.

Considerations and Best Practices

• Ensure the VPS or local setup has low latency to avoid delays in trade copying.
• Regularly monitor the copier's performance to ensure all trades are being copied accurately.
• Utilize the copier's features, such as lot size adjustments and trade filtering, to optimize your trading strategy.
• Stay updated with any software improvements or updates provided by the copier's developer.

🚀 Fast Trade Copiers are a powerful tool for traders looking to manage multiple accounts efficiently and effectively. By understanding their features and best practices, you can leverage these tools to enhance your trading performance.